hvacrollups.com
← All signals
Deal closed Aug 2016 Verified

Regal Beloit Acquires Emerson's Power Transmission Solutions Business

Regal Beloit previously acquired the Power Transmission Solutions (PTS) business from Emerson Electric Co. The integration is ongoing, with synergy programs on an accelerated schedule and additional cost actions initiated.

“uncertainties regarding our ability to execute our restructuring plans within expected costs and timing; increases in our overall debt levels as a result of the acquisition of the Power Transmission Solutions (“PTS”) business from Emerson Electric Co., or otherwise and our ability to repay principal and interest on our outstanding debt”

Entities

Other Sentiment: Neutral

Signals are extracted from public coverage and print archives and pinned to a verbatim quote, presented as reported by their sources; naming a company in a signal is not an accusation against it. The verified mark denotes a high-confidence, corroborated signal. See our methodology and legal notes.